Live Updates > Live Update Details
2026-02-19 00:49:38
The dollar rose after better-than-expected US durable goods data. Durable goods orders fell 1.4% in December, following a 5.4% increase in November. However, this decline was better than the 2.0% contraction expected by economists in a Wall Street Journal survey. Markets are also awaiting the release of the Federal Reserve meeting minutes at 1900 GMT. In addition, the personal consumption expenditures (PCE) price index and fourth-quarter economic growth data to be released on Friday are also in focus. Exness strategist Eric Chia said in a report, "There is evidence that continued price pressures and strong economic momentum will justify higher yields and will extend support for the dollar." Following the data release, the DXY Dollar Index rose to an intraday high of 97.374, up from 97.256 before the data release.
